{"id":539326,"date":"2022-11-29T11:24:38","date_gmt":"2022-11-29T05:54:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539326"},"modified":"2022-11-29T13:54:56","modified_gmt":"2022-11-29T08:24:56","slug":"kirit-parikh-panel-likely-to-recommend-price-cap-for-ongc-gas","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/kirit-parikh-panel-likely-to-recommend-price-cap-for-ongc-gas\/","title":{"rendered":"Kirit Parikh panel likely to recommend price cap for ONGC gas"},"content":{"rendered":"<p>A government-appointed gas price review panel, led by Kirit Parikh, is likely to recommend price caps for natural gas produced from legacy fields of state-owned firms to help moderate CNG and piped cooking gas rates, while keeping the pricing formula for difficult fields unchanged. <\/p>\n<p>The panel, which was tasked with suggesting a &#8220;fair price to the end-consumer&#8221; while ensuring &#8220;market-oriented, transparent and reliable pricing regime for India&#8217;s long-term vision for ensuring a gas-based economy&#8221;, may opt to suggest two different pricing regimes, officials said. <\/p>\n<p>For the legacy or old fields of Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) &#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A government-appointed gas price review panel, led by Kirit Parikh, is likely to recommend price caps for natural gas produced from legacy fields of state-owned firms to help moderate CNG and piped cooking gas rates, while keeping the pricing formula for difficult fields unchanged. The panel, which was tasked with suggesting a &#8220;fair price to the end-consumer&#8221; while ensuring &#8220;market-oriented, transparent and reliable pricing regime for India&#8217;s long-term vision for ensuring a gas-based economy&#8221;, may opt to suggest two different pricing regimes, officials said. For the legacy or old fields of Oil and Natural Gas Corporation (ONGC) and Oil India [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,211,144],"tags":[],"class_list":["post-539326","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=539326"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539326\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}